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2022
Exports $364MWorld Rnk 1 / 151
Flag Rnk 640 / 1216
2022
Destination $5.2M Japan
2021 - 2022
FASTEST GROWING MARKET $5.2MFrance
2022
PRODUCT COMPLEXITY IN Plaiting Products-1.95Rnk 997 / 1025
2022
Imports $8.09MWorld Rnk 17 / 211
Flag Rnk 1027 / 1212
2022
Origin $913k Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $913kIndonesia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $364M in Plaiting Products, making it the 1st largest exporter of Plaiting Products in the world. At the same year, Plaiting Products was the 640th most exported product in China. The main destination of Plaiting Products exports from China are: Japan ($91.3M), United States ($37.1M), Vietnam ($32.2M), Netherlands ($20.9M), and France ($20.9M).

The fastest growing export markets for Plaiting Products of China between 2021 and 2022 were France ($5.2M), United States ($3.81M), and Singapore ($3.69M).

Imports In 2022, China imported $8.09M in Plaiting Products, becoming the 17th largest importer of Plaiting Products in the world. At the same year, Plaiting Products was the 1027th most imported product in China. China imports Plaiting Products primarily from: Vietnam ($3.11M), France ($1.65M), Indonesia ($1.25M), Japan ($645k), and Malaysia ($506k).

The fastest growing import markets in Plaiting Products for China between 2021 and 2022 were Indonesia ($913k), Vietnam ($772k), and Malaysia ($506k).

COMPANIES In 2023, leading companies such as Amazon (82), IKEA Group (23), and CrimsonLogic (14) were at the forefront of shipping Plaiting Products from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Plaiting Products exports accounted up to $20.3M and imports accounted up to $356k, resulting in a positive trade balance of $20M. Between July 2023 and July 2024 the exports of China's   Plaiting Products have increased by $302k (1.51%) from $20M to $20.3M, while imports increased by $40.1k (12.7%) from $316k to $356k.

Destinations In July 2024, Plaiting Products were exported mostly to United States ($4.32M), Japan ($3.39M), Vietnam ($2.25M), Israel ($1.22M), and Spain ($1.14M), and were imported mostly from Vietnam ($165k), France ($95.3k), North Korea ($23.7k), India ($23.1k), and Italy ($19.9k).

Growth In July 2024, the increase in Plaiting Products's year-by-year exports was explained primarily by an increase in exports to Spain ($1.49M or 59.3%), Vietnam ($1.09M or 151%), and Israel ($572k or 203%). In July 2024, the increase in Plaiting Products's year-by-year imports was explained primarily by an increase in imports from France ($12k or 10.6%) and India ($7.27k or 9.95k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$302k(1.51%)
IMPORT GROWTH (July 2023 - July 2024)$40.1k(12.7%)
MAIN EXPORTER (July 2024)Zhejiang Province$10.2M
MAIN DESTINATION (July 2024)United States$4.32M

This section shows Plaiting Products's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Plaiting Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$364M
IMPORTS (2022)$8.09M
NET TRADE (2022)$356M

In 2022, China exported $364M in Plaiting Products. The main destinations of China exports on Plaiting Products were Japan ($91.3M), United States ($37.1M), Vietnam ($32.2M), Netherlands ($20.9M), and France ($20.9M).

In 2022, China imported $8.09M in Plaiting Products, mainly from Vietnam ($3.11M), France ($1.65M), Indonesia ($1.25M), Japan ($645k), and Malaysia ($506k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plaiting Products EXPORT MARKETS FOR China WERE (2021 - 2022):
France$5.2M (33.2%)
United States$3.81M (11.5%)
Singapore$3.69M (583%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plaiting Products BY China WERE (2021 - 2022):
Spain-$18.9M (-50.2%)
Vietnam-$13.2M (-29.1%)
Japan-$7.21M (-7.32%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Plaiting Products were:
India $42.5M
France $20.2M
In 2022, China's main importing competitors in Plaiting Products were:
Japan $95.7M
United States $60.8M
France $44.2M

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Trade Value of Plaiting Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.91M
TOP IMPORT POTENTIALVietnam+ $572k

Plaiting Products’s highest export potential is India. With an export gap of $1.91M.   Plaiting Products’s highest import potential is Vietnam with an import gap of $572k.

See methodology.

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